EXPOSED: Here's why billionaires on Wall Street want to dismantle & privatize Social Security

Friend, A federal judge ruled that Elon Musk's DOGE team could not have the unlimited access to the Social Security Administration's record systems that they sought. Clearly stating that it would expose "personal, confidential, sensitive, and private information that millions of Americans entrusted to their government," the judge successfully stopped the onslaught…for now. More than 70 million Americans have earned Social Security benefits through decades of hard work. Social Security is one of the most popular things in America―so why have Wall Street billionaires spent nearly a century trying to dismantle it? I put this question to Nancy Altman, President of Social Security Works, the leading organization fighting to protect and expand our earned benefits, and she quoted the famous outlaw Willie Sutton, who, when asked why he robbed banks, replied, "Because that's where the money is." Every working person in America pays into Social Security with every paycheck. Social Security pays out more than $1 trillion in benefits every year, and it has amassed a $2.7 trillion trust fund that is invested in the safest product on the market―United States Treasury Bonds. Wall Street has wanted for years to get their hands on that money so that they can extract fees―gambling our money on the stock market, and then charging us for the privilege. Anyone who retired in 2008 and watched their 401k crumble will tell you, that's a bad deal. The Social Security Administration, which paid every Social Security payment in full and on time for almost 90 years, is extraordinarily efficient. It spends less than 1 penny of every dollar on overhead, while private retirement funds spend more than twice that on average. That's the money that Wall Street wants to put in their own pockets. President Donald Trump and Elon Musk have been spreading misinformation about fraud in Social Security. Let's be clear: There's absolutely no evidence to back their claims. What they won't tell you is that Social Security is only facing a shortfall because millionaires and billionaires like Trump and Musk don't pay into the system at the same rate as everyone else. If they did, we could afford not only to keep paying Social Security in full and on time, but to increase benefits. We're partnering with Nancy and Social Security Works on a petition to send a clear message to Donald Trump, Elon Musk and DOGE: Cuts to the Social Security Administration are cuts to Social Security! We want to PROTECT and EXPAND, not cut, Social Security! Will you join us and add your name to the petition? Thank you for your support, Jane O'Meara Sanders The Sanders Institute DONATE Paid for by the Sanders Institute 131 Church St., Burlington, VT 05401 The Sanders Institute is a tax-exempt 501(c)(3) organization.   Sent via ActionNetwork.org. To update your email address, change your name or address, or to stop receiving emails from The Sanders Institute, please click here.